GGP 0.00% 0.6¢ golden gate petroleum ltd

I have approximately marked out GPP's holdings on to a map from...

  1. 68 Posts.


    I have approximately marked out GPP's holdings on to a map from Devon Energy. As you can see, we're right in the middle of the action. In fact the Cline Shale may extend down into our slice of Irion County.

    We know GPP have prime land but it's no excuse for the poor reporting of recent times which leads me to question managements ability to extract full value. The land we have gives me confidence, but management makes me question it.

    Now this may be a minor thing but not once do I recall a GGP announcement ever saying the phrases ".. to maximise shareholder value.." or "..to attain an optimal outcome for shareholders.." Quite the contrary to all my other O&G small caps. I feel it should be a core value for a public company.

    Just my thoughts..
 
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